Today is a big day for the markets… Wall Street is holding its breath to see if the US Central Bank (or the “Fed”) is going to raise interest rates at 2pm Eastern time today. Actually, not really. No one is holding their breath! You see, the markets and “the…
I have to admit that I, among many others, gave in to “herd mentality”. Originally I had set my mind that the Fed will taper in December, but a few days ago I changed my mind to a September taper instead. I got it wrong. No taper. So what happens…
In this video you will learn in simple steps the “ABC” approach to trading the Fed FOMC announcement: For full details on this FOMC strategy see Day Trading Strategy: How to Trade The FOMC Announcement
One of the most important lessons we learn as traders is that we must be suspicious of the crowd. When everybody is expecting the same outcome, chances are the opposite usually happens. So here are three surprises we should expect this week. This could turn out “nasty” if you’re on…
According to a recent poll, almost 67% of U.S. economists think the Federal Reserve will start to retreat from its huge bond-buying programme (or Quantitative Easing) in the final months of 2013. Nearly one third of those who expect the Fed to reduce bond purchases believe the bank will begin…
The recent crash in gold prices has had everyone talking about the yellow metal once again. Feelings towards gold is certainly mixed: from “bullish” investors who want to buy it cheaper, to those who have completely given up on it. A week ago, a famous billionaire gold investor shocked his…